MTCO Ltd. Makes New $22.81 Million Investment in iShares MSCI World ETF $URTH

MTCO Ltd. bought a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 110,601 shares of the company’s stock, valued at approximately $22,809,000. iShares MSCI World ETF makes up approximately 14.9% of MTCO Ltd.’s portfolio, making the stock its 2nd biggest position.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada raised its stake in shares of iShares MSCI World ETF by 6.3% in the 1st quarter. Royal Bank of Canada now owns 2,156,319 shares of the company’s stock valued at $388,181,000 after acquiring an additional 128,687 shares in the last quarter. Banco Santander S.A. boosted its position in iShares MSCI World ETF by 29.4% during the fourth quarter. Banco Santander S.A. now owns 305,829 shares of the company’s stock worth $56,814,000 after purchasing an additional 69,403 shares during the period. Principal Financial Group Inc. grew its holdings in iShares MSCI World ETF by 6.4% during the first quarter. Principal Financial Group Inc. now owns 170,384 shares of the company’s stock valued at $30,673,000 after purchasing an additional 10,189 shares during the last quarter. Evelyn Partners Investment Management Europe Ltd grew its holdings in iShares MSCI World ETF by 0.8% during the first quarter. Evelyn Partners Investment Management Europe Ltd now owns 104,945 shares of the company’s stock valued at $18,892,000 after purchasing an additional 797 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management raised its position in shares of iShares MSCI World ETF by 2.3% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 103,282 shares of the company’s stock valued at $19,187,000 after purchasing an additional 2,289 shares during the period.

iShares MSCI World ETF Stock Down 0.4%

Shares of NYSEARCA:URTH traded down $0.80 during trading on Thursday, reaching $207.87. The stock had a trading volume of 237,325 shares, compared to its average volume of 693,246. The stock has a fifty day simple moving average of $208.26 and a two-hundred day simple moving average of $201.09. iShares MSCI World ETF has a 52 week low of $174.24 and a 52 week high of $211.94. The firm has a market capitalization of $8.25 billion, a price-to-earnings ratio of 22.04 and a beta of 0.95.

About iShares MSCI World ETF

The iShares MSCI World ETF (URTH) is an exchange-traded fund that is based on the MSCI World index, a market-cap-weighted index of stocks that cover 85% of the developed world’s market capitalization. URTH was launched on Jan 10, 2012 and is managed by BlackRock.